Lendlease and pension funds eye RetireAustralia
Lendlease and its pension fund backers are believed to be lining up to buy RetireAustralia, which is up for sale by its owners Morrison & Co and NZ Super.
Lendlease
Lendlease on hunt for partner in Sydney tower
Lendlease is backing its conviction in the $1.4bn tower and retail complex it is building above the Victoria Cross Station development in North Sydney.
Lendlease looks to year of transition
Lendlease has flagged that it will not hit its straps until 2024, despite taking on big projects like the $3bn One Circular Quay luxury development in Sydney.
ASX dives; Adbri, Magellan lead losses, NIB soars
ASX slumps to its worst session in six weeks. Adbri tumbles on profit hit, EML and NIB soar on results, Ampol dividend doubles and Link shareholders approve sale.
Lendlease targets Perth tower as WA demand heats up
The property group is leading the pack for the St Georges Tce building developed by the late and controversial WA entrepreneur, Alan Bond.
Barangaroo sight lines under govt inquiry
The NSW parliament will pore over secret deals done between the government and Crown-Lendlease over the Barangaroo casino tower.
Sentinel swoops to end regional mall drought
Sentinel has kicked off a capital raising for its near $300m purchase of a Queensland shopping centre in a play that would break the drought of regional centre sales.
Lendlease snaps up One Circular Quay for $3bn project
The developer will seize control of the landmark property in Sydney after years of uncertainty over its future.
Lendlease fund tests mall market with $400m portfolio
Lendlease is testing the appetite for shopping centres, offering up a $400m portfolio of three subregional malls including Settlement City in Port Macquarie.
Crown also won from McCann’s millions
The former Lendlease boss took on a job few global executives wanted when the casino giant was at its weakest.
Lendlease sells slice of Sydney Place tower
Premium buildings are getting good prices as companies want them to bring workers back to their desks.
Sydney tower rivals New York with $100m in sales
Welcome to Sydney real estate in 2022 where the sales price for top floor apartments at a Barangaroo luxury residential tower are giving New York a run for its money.
Lendlease break-up on the cards
Speculation is mounting that Lendlease is subject to a break-up play, with suggestions investment banks have been quietly testing market interest for parts of its construction business.
Lendlease to sell site after Strathfield plan rejected
Lendlease will put up for sale some of its non-core investments in Sydney’s inner west after the developer pulled the pin on a proposal to develop for a high-rise tower in Strathfield.
Lawyer ‘sacked over Lendlease tax dodge’
A tax specialist claims Lendlease leant on his firm to sack him after he raised concerns the property giant was distorting its financial statements and attempting a ‘tax dodge’.
Lendlease snags $93.5m Sydney buy
The development giant has secured a key property that will allow it to build its next super-tall tower in Sydney’s central business district.
Wylie’s Tanarra Capital wants changes at Lendlease
The funds management firm is pushing for the property giant to lift its game by simplifying its structure and ditching retirement communities.
Lendlease on a new path
Famed as a builder, Lendlease under chief Dale Connor wants to move faster and carve a new path in development and funds.
Australian firms pump $50bn into UK projects
Some of Australia’s biggest firms will plough almost $50bn into UK clean energy, technology and infrastructure projects, turbocharging PM Boris Johnson’s jobs and growth plans.
Lendlease sells retirement stake to Aware Super for $490m
The developer has unveiled the deal, to one of the country’s largest superannuation funds, will free up capital for it to pour into new projects.
Lendlease should sell more assets to fund growth: analysts
The ASX-listed real estate developer’s agreement to sell a share of its US military housing business may be followed by similar transactions.
Lendlease slumps to loss as reset takes toll
The global builder and developer is in an earnings trough but insists that it will make a come back in the second half. The shares fell.
WPP lured to Lendlease tower
British advertising group will anchor the $1.2bn Lendlease Victoria Cross development in North Sydney.
Lendlease offloading NZ outlet centres
The sale will be one of the largest tests of the DFO market as pandemic lifts and borders re-open.
Lendlease strikes deal for $2.8bn office venture in London
The company’s latest alliance extends its tie-up with a Canadian funds group as it looks to accelerate its projects.
Last chance for Barangaroo luxury hunters
Sydney’s luxury Barangaroo precinct is preparing to take on a new life, with Lendlease to release the third of its opulent apartment towers.
Cities run hot as office buyers come back
The moves mark the start a new phase for cities as landlord and funds managers vie for new towers in Sydney.
Grocon seeks records on Barangaroo project
Property developer Grocon, led by Daniel Grollo, wants access to documents held by Infrastructure NSW over its failed Barangaroo project, in a bid to secure $270m from the government.
Lendlease warns on inflation as investors seek new starts
The company is under pressure to start producing big projects in its $114bn pipeline to deliver returns.
The woman set to lead Qld’s $90bn investment giant
One of the most senior women in property, Kylie Rampa has been named the new chief executive of the Queensland Investment Corporation.
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